Chevron, the main partner of Venezuelan state-owned oil company PDVSA, plans to increase its crude oil exports to the United States from 100,000 to 300,000 barrels per day.
To date, Chevron “has chartered about a dozen tankers to increase exports and reduce accumulated stockpiles at its projects since December.”
According to sources close to the oil company, the figure projected for March “represents a significant increase compared to the 100,000 bpd shipped in December and exceeds the approximately 230,000 bpd that the company has dispatched so far this month.”
M.Pino
Source: gbm
(Reference image source: Adem Percem on Unsplash)
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